0001193125-18-196554 Sample Contracts

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PROGRAM AGREEMENT
Program Agreement • June 19th, 2018 • Coastal Financial Corp • State commercial banks • Washington

THIS PROGRAM AGREEMENT (including all schedules, appendices, exhibits, addenda and amendments, the “Agreement”) is entered into this 17th day of May, 2018, (the “Effective Date”) by and between Coastal Community Bank, a Washington chartered bank (“Coastal”), and Aspiration Financial, LLC, a limited liability company organized under the laws of the state of Delaware (“Aspiration”). Each of Coastal and Aspiration shall also be referenced as a “Party” and collectively as the “Parties.”

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • June 19th, 2018 • Coastal Financial Corp • State commercial banks • Washington

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) dated as of June 19, 2018, by and between Coastal Financial Corporation (the “Holding Company”), Everett, Washington, Coastal Community Bank (the “Bank”), Everett, Washington, and Eric Sprink (the “Executive”).

FIRST AMENDMENT TO INVESTMENT AGREEMENTS
Investment Agreements • June 19th, 2018 • Coastal Financial Corp • State commercial banks

This First Amendment to Investment Agreements (this “Amendment”), dated as of May 9, 2018, is made and entered into by and between Coastal Financial Corporation, a Washington corporation (the “Company”) and Montlake Capital II, L.P. and Montlake Capital II-B, L.P. (each individually and collectively, the “Investor”).

LEASE AMENDMENT 1.0
Coastal Financial Corp • June 19th, 2018 • State commercial banks

THIS AMENDMENT (“Amendment”) is entered into as of August 15, 2006 between Arthur W. Skotdal and Marianne P. Skotdal and the marital community composed thereof; and Edwin McRory and Irene McRory and the marital community composed thereof; and Thomas Goyette and Louise Goyette and the marital community composed thereof; and Skotdal Brothers, LLC a Washington limited liability company, hereinafter collectively referred to as “Lessor”, and Coastal Community Bank hereinafter referred to as “Lessee”, and provides for the amendment of that certain lease dated October 21, 1996 (“Lease”) previously entered into by the parties hereto.

LEASE AMENDMENT 3.0
Coastal Financial Corp • June 19th, 2018 • State commercial banks

THIS AMENDMENT (“Amendment”) is entered into as of June 29, 2009 between Arthur W. Skotdal and Marianne P. Skotdal and the marital community composed thereof; and Edwin McRory and Irene McRory and the marital community composed thereof; and Thomas Goyette and Louise Goyette and the marital community composed thereof; and Skotdal Brothers, LLC a Washington limited liability company, hereinafter collectively referred to as “Lessor”, and Coastal Community Bank hereinafter referred to as “Lessee”, and provides for the amendment of that certain Lease dated October 21, 1996 previously entered into by the parties hereto, as amended by Amendment 1.0 dated August 15, 2006 and Amendment 2.0 dated March 31, 2008, (collectively the “Lease”).

FIRST AMENDMENT TO INVESTMENT AGREEMENTS
Investment Agreements • June 19th, 2018 • Coastal Financial Corp • State commercial banks

This First Amendment to Investment Agreements (this “Amendment”), dated as of May 9, 2018, is made and entered into by and between Coastal Financial Corporation, a Washington corporation (the “Company”) and CJA Private Equity Financial Restructuring Master Fund I LP (the “Investor”).

FIRST AMENDMENT OF COMMERCIAL REAL ESTATE LEASE
Real Estate Lease • June 19th, 2018 • Coastal Financial Corp • State commercial banks

THIS FIRST AMENDMENT TO COMMERCIAL REAL ESTATE LEASE (“First Amendment”) is made to be effective the 26th day of March, 2018 (the “Effective Date”), by and between JMHLS, LLC, a Washington Limited Liability Company (“Landlord”), and Coastal Community Bank (“Tenant”).

Lease
Lease • June 19th, 2018 • Coastal Financial Corp • State commercial banks • Washington

THIS LEASE, made in Everett this 21st day of October, 1996, between Arthur W. Skotdal and Marianne P. Skotdal and the marital community composed thereof; Edwin McRory and Irene McRory and the marital community composed thereof; and Thomas Goyette and the marital community composed thereof; Andrew P. Skotdal, a single man; and Craig G. Skotdal, a single man, hereinafter collectively referred to as “Lessor”, and Coastal Community Bank (In Organization) hereinafter referred to as “Lessee”.

FIRST AMENDMENT TO INVESTMENT AGREEMENT
Investment Agreement • June 19th, 2018 • Coastal Financial Corp • State commercial banks

This First Amendment to Investment Agreement (this “Amendment”), dated as of May 9, 2018, is made and entered into by and between Coastal Financial Corporation, a Washington corporation (the “Company”) and Steven D. Hovde (the “Investor”).

COASTAL FINANCIAL CORPORATION COASTAL COMMUNITY BANK AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENT
Change in Control Severance Agreement • June 19th, 2018 • Coastal Financial Corp • State commercial banks • Washington

THIS AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENT (“Agreement”) is entered into by and between COASTAL FINANCIAL CORPORATION, a Washington corporation (“Company”), its wholly-owned subsidiary, COASTAL COMMUNITY BANK, a Washington state-chartered bank (“Bank”), and JOEL EDWARDS (“Executive”), as of June 19, 2018.

LEASE AMENDMENT 2.0
Coastal Financial Corp • June 19th, 2018 • State commercial banks

THIS AMENDMENT (“Amendment”) is entered into as of March 31, 2008 between Arthur W. Skotdal and Marianne P. Skotdal and the marital community composed thereof; and Edwin McRory and Irene McRory and the marital community composed thereof; and Thomas Goyette and Louise Goyette and the marital community composed thereof; and Skotdal Brothers, LLC a Washington limited liability company, hereinafter collectively referred to as “Lessor”, and Coastal Community Bank hereinafter referred to as “Lessee”, and provides for the amendment of that certain lease dated October 21, 1996 (“Lease”) previously entered into by the parties hereto, plus Amendment 1.0 entered into on August 15, 2006.

COMMERCIAL REAL ESTATE LEASE
Coastal Financial Corp • June 19th, 2018 • State commercial banks • Washington

This Article I contains the Basic Terms of this Lease between the Landlord and Tenant named below. Other Articles, Sections and Paragraphs of the Lease referred to in this Article I explain and define the Basic Terms and are to be read in conjunction with the Basic Terms.

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